USD/INR holds steady as RBI keeps repo rates unchanged at 6.50%
The Indian Rupee trades flat in Wednesday’s early European session. RBI’s MPC decided to keep the repo rate unchanged at 6.5% in its October meeting on Wednesday. Lower crude oil prices and potential RBI’s foreign exchange intervention might underpin the INR. Investors await the FOMC Minutes, which is due on Wednesday. The Indian Rupee (INR) trades on…